Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.041%
Price spread now: Hyperliquid against Extended+0.031%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.031%, 7d avg +0.039%
=Together, before fees−0.003%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HYPE-USD | 92.837 | 0.0104 | pay 0.0013% / 1h | 56m 19s | $18.2M | $43.3M | 50x |
| Short | Hyperliquid HYPE | 92.866 | 0.0100 | get 0.0013% / 1h | 56m 19s | $2.02B | $658.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.031% → +0.039%
- −$0.77
- Slippage, 4 orders
- −$10.99
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$26.6
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Hyperliquid: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 3 min ago | 0.05 bp | 2.6 bp −$3 | 5.4 bp −$54 | 25.3 bp −$2,527 | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 2.64 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
HYPE on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.670 | −0.180% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0816% | 1h | 92.530 | −0.331% | $194K | $227K | 7x | as long as short |
| 01 Exchange HYPEUSD | −0.0144% | 1h | 92.827 | −0.011% | $86K | $351K | 20x | as long as short |
| Bullet HYPE-USD | −0.0107% | 1h | 92.847 | +0.011% | $111K | $579K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0086% | 1h | 92.709 | −0.138% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.725 | −0.121% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0076% | 1h | 92.340 | −0.535% | $699K | $1.1M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0061% | 4h | 92.829 | −0.009% | $158K | $663K | 20x | as long as short |
| Aster HYPEUSDT | −0.0004% | 4h | 92.729 | −0.117% | $8.7M | $36.2M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.710 | −0.137% | $127K | $31K | 5x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 92.874 | +0.039% | $23K | $309K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.876 | +0.041% | $62K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 92.809 | −0.030% | $16.1M | $7.5M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0018% | 8h | 92.838 | +0.001% | $12.5M | $2.7M | 50x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.584 | −0.273% | $210K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0030% | 4h | 92.853 | +0.017% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0038% | 8h | 92.850 | +0.014% | $318.7M | $278.9M | 75x | as long as short |
| Gate HYPE_USDT | +0.0048% | 4h | 92.854 | +0.018% | $44.6M | $54.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0072% | 8h | 92.864 | +0.029% | $113.4M | $301.3M | 50x | as long as short |
| Binance HYPEUSDT | +0.0078% | 4h | 92.849 | +0.013% | $373.4M | $891.6M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0080% | 4h | 92.872 | +0.038% | $87.9M | $80.1M | 100x | as long as short |
| Paradex HYPE-USD-PERP | +0.0093% | 8h | 92.795 | −0.045% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.736 | −0.109% | $16.1M | $61.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.726 | −0.120% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.802 | −0.038% | $68K | $1.2M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0098% | 4h | 92.541 | −0.319% | $5.1M | $29.2M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.770 | −0.072% | $16K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.775 | −0.066% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPEshort | +0.0100% | 1h | 92.866 | +0.031% | $2.02B | $658.9M | 10x | |
| Pacifica HYPE | +0.0100% | 1h | 92.763 | −0.080% | $10.0M | $14.9M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.867 | +0.032% | $46.0M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.854 | +0.018% | $224.7M | $97.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.626 | −0.227% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.526 | −0.335% | $28.6M | $56.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.627 | −0.226% | $7.5M | $45.7M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.550 | −0.309% | $336K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.567 | −0.291% | $664K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.823 | −0.016% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.866 | +0.031% | $469K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.897 | +0.065% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.851 | +0.015% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.000 | +0.175% | $1.4M | $6.2M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.810 | −0.029% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 92.837 | long leg | $18.2M | $43.3M | 50x | |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.853 | +0.017% | $393K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.340 | −0.535% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.960 | +0.132% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0260% | 1h | 92.856 | +0.020% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0264% | 8h | 92.564 | −0.294% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0321% | 4h | 92.530 | −0.331% | $16.8M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0153% | 1h | 92.876 | +0.042% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.936 | +0.106% | $20.7M | $30.3M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0428% | 1h | 92.955 | +0.127% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.864 | +0.029% | $3.2M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.4965% | 1h | 92.839 | +0.002% | $79K | $169K | 20x | as long as short |
Extended HYPE-USD
Hyperliquid HYPE
01 Exchange HYPEUSD
Bullet HYPE-USD
Aftermath Perps HYPEUSD
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Phemex HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
MEXC HYPE_USDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
edgeX HYPEUSDC
Katana Perps HYPE-USD
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP